Canasil Resources Inc.

Silver Viper Minerals Corp. announces that its previously announced non-binding letter of intent dated November 6, 2022, as amended December 20, 2022, with Canasil Resources Inc. has expired in accordance with its terms. While the Company and Canasil are not proceeding with the transactions contemplated by the LOI following its expiry, the parties may still explore alternative strategic transactions in the future. For [...]

Silver Viper Minerals Corp. has entered into an agreement to amend the non-binding letter of intent dated November 6, 2022 with Canasil Resources Inc. with respect to the proposed acquisition by the Company of all of the issued and outstanding shares of Canasil in exchange for common shares of Silver Viper, pursuant to which the parties have extended the outside date to enter into a definitive agreement in respect of the [...]

Pan Orient Energy Corp. is pleased to announce the completion today of its arrangement, announced on June 6, 2022, under the Business Corporations Act involving Pan Orient, its wholly owned subsidiary, CanAsia Energy Corp., Dialog Systems Pte Ltd. and its wholly owned subsidiary, 2432707 Alberta Ltd. As a result of the Arrangement: DIALOG, through the Purchaser, acquired all of the issued and outstanding Pan Orient [...]

Canasil Resources Inc. announces a review of the results from the 2020-21 drill programs completed on the Candy vein at the Nora silver-gold project in north-central Durango State, Mexico. A total of 3,296 metres was completed in 13 core drill holes and tested the Candy vein structure over a strike distance of 500 m and to a vertical depth of 250 m below surface. All 13 drill holes cut the mineralized vein structure [...]

Canasil Resources Inc. announces results from three drill holes, NRC-21-13 to NRC-21-15, completed in Nov./Dec. 2021 on the Candy vein at the Nora silver-gold project in north-central Durango State, Mexico. Core drill hole NRC-21-13 targeted the Candy vein structure approximately 60 metres down dip below NRC-21-09, and drill holes NRC-21-14 and NRC-21-15 tested a new step out section 60 m north along strike from drill [...]

Canasil Resources Inc. announces closing of a non-brokered private placement of 4,350,000 Units at $0.125 per Unit for $543,750, and 1,100,000 Flow Through Shares at $0.15 per FT Share for $165,000, for total proceeds of $708,750 effective November 15 and 25, 2021. The Placement was initially announced for $500,000 and subsequently increased to $650,000 through news releases dated Oct. 19 and Oct. 22, 2021. The closing of [...]

Canasil Resources Inc. announces plans for mobilization and resumption of core drilling at the Nora silver-gold project in north-central Durango State, Mexico. The drill rig and logistics equipment are expected to be on site to start drilling during the week of November 15, 2021. The focus of this follow up 2021 drill program will be to test below and along strike extensions of the Candy vein high-grade gold and silver [...]

Canasil Resources Inc. announces a non-brokered private placement of up to 4,000,000 units at a price of $0.125 per Unit for total gross proceeds of up to $500,000 to fund drill programs on the Company's silver-gold projects in Durango and Zacatecas States, Mexico. A finder's fee may be paid with respect to all or part of this Placement. The terms of the Placement are subject to acceptance by the TSX Venture Exchange [...]

Canasil Resources Inc. announces results from the fourth core drill hole of the 2021 follow up drill program, NRC-21-12, testing below and between the 2020 maiden drill intercepts on the Candy vein at the Nora silver-gold project in north-central Durango State, Mexico. Core drill hole NRC-21-12, targeted the Candy vein structure approximately 60 metres down dip below NRC-21-11, and 60 m south of and at the same elevation [...]

Canasil Resources Inc. announces results from the second and third drill holes of the 2021 follow up drill program, NRC-21-10 and NRC-21-11, testing below and between the 2020 maiden drill intercepts on the Candy vein at the Nora silver-gold project in north-central Durango State, Mexico. Drill hole NRC-21-10 targeted the Candy vein structure approximately 60 metres down dip below NRC-20-04, and NRC-21-11 was targeted [...]